American Accounting Association (AAA) Defined in Detail
American Accounting Association (AAA) is a prominent organization with a membership that mainly includes academic accountants. It was originally founded in 1916 as the American Association of University Instructors in Accounting and adopted its present name in 1936. The AAA plays a crucial role in the evolution of accounting theory, publishing influential reports, papers, and journals, with one of its most notable publications being The Accounting Review. The association also presents several awards recognizing significant contributions to the field of accounting.
Key Contributions:
- Publications: The AAA publishes numerous reports, papers, and journals, fostering academic research and theoretical advancements in accounting.
- Awards: The organization offers various awards to recognize outstanding contributions to accounting scholarship and practice.
- Conferences: AAA holds annual and regional meetings where members share research findings and discuss advances in the field.
- Education: The association provides continuous education resources and professional development opportunities for its members.
Examples of American Accounting Association Contributions
- The Accounting Review: A leading journal in the field, publishing peer-reviewed research on various aspects of accounting.
- Report on Accounting Standards: Influential papers detailing the development and impacts of accounting standards globally, often used by standard-setting bodies and policymakers.
- Award Recipient Publications: Examples include award-winning research papers and books that have influenced accounting practices and policies.
Frequently Asked Questions (FAQs)
What is the main purpose of the American Accounting Association (AAA)?
The AAA aims to promote the advancement and dissemination of accounting knowledge through research, education, and practice.
Who can join the AAA?
Membership is primarily open to academic accountants, but practitioners, students, and others with interest in academic accounting can also become members.
How often does the AAA publish its journals?
The AAA publishes The Accounting Review quarterly, along with various other journals and publications throughout the year.
What types of awards does the AAA offer?
The AAA offers awards such as the AAA Lifetime Achievement Award, Notable Contributions to Accounting Literature Award, and Outstanding Educator Award, among others.
How can I access AAA publications?
Members can access publications through the AAA website and subscriptions to individual journals.
Related Terms
- Accounting Theory: The body of principles and methodologies developed to guide and explain accounting practices.
- Peer-Reviewed Journal: Scholarly publications where articles are evaluated and approved by subject experts before publication.
- Continuous Education: Ongoing education to maintain and enhance professional competence.
Online References
- American Accounting Association Official Website: http://aaahq.org/
- The Accounting Review: https://aaahq.org/Research/Journals/The-Accounting-Review
- Journal of Accounting Research: https://onlinelibrary.wiley.com/journal/1475679x
Suggested Books for Further Studies
- “Accounting Theory: Conceptual Issues in a Political and Economic Environment” by Harry I. Wolk, James L. Dodd
- “The Quest for Relevance: Accounting in the Twenty-first Century” by Angus O. Unegbu
- “Financial Accounting Theory” by William R. Scott
American Accounting Association (AAA) Fundamentals Quiz
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